SeaCrest Wealth Management LLC Sells 620 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SeaCrest Wealth Management LLC cut its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 25.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,840 shares of the company’s stock after selling 620 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of MTUM. O Shaughnessy Asset Management LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 83.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock valued at $80,000 after purchasing an additional 262 shares during the last quarter. Trexquant Investment LP bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $743,000. Qube Research & Technologies Ltd raised its holdings in iShares MSCI USA Momentum Factor ETF by 88.2% during the 3rd quarter. Qube Research & Technologies Ltd now owns 15,600 shares of the company’s stock valued at $2,179,000 after buying an additional 7,311 shares during the last quarter. Rainsberger Wealth Advisors Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 1.2% during the 3rd quarter. Rainsberger Wealth Advisors Inc. now owns 52,656 shares of the company’s stock valued at $7,356,000 after buying an additional 630 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in iShares MSCI USA Momentum Factor ETF by 36.3% during the 3rd quarter. Royal Bank of Canada now owns 509,623 shares of the company’s stock valued at $71,195,000 after buying an additional 135,609 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 0.8 %

BATS:MTUM opened at $198.03 on Thursday. The company has a fifty day moving average of $188.89 and a 200 day moving average of $179.22. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The firm has a market capitalization of $10.72 billion, a P/E ratio of 18.53 and a beta of 1.10.

iShares MSCI USA Momentum Factor ETF Company Profile

The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years.